PYRAMIS

PYRAMIS is the principal brand of Pyramis Group, a Greek manufacturer of kitchen and bathroom products headquartered in Liti, near Thessaloniki. The business began in 1960 when Alexandros Bakatselos opened a small workshop making metal-framed furniture. In 1968, the company formally established Pyramis A.E. and entered stainless-steel sink production for the Greek domestic market. This initial focus on metalworking and kitchen fixtures shaped the company's later specialization in sinks, cookware, and built-in kitchen equipment. During the 1970s, PYRAMIS expanded its manufacturing base. The company moved to a large site outside Thessaloniki and added a production unit for stainless-steel cookware in 1972. By the following decade, it had become a leading Greek producer of stainless-steel sinks and cookware. In 1979, management adopted an export-oriented strategy, initially concentrating on European markets. International sales grew rapidly and became a central part of the company's business model. During the 1980s and 1990s, the company broadened its manufacturing capacity and international distribution. Sales were reported to have doubled by the fourth decade of operations, helped by export demand, and PYRAMIS installed a new production line for monoblock sinks. The company subsequently expanded beyond metal products into a wider kitchen portfolio, including composite sinks, faucets, cooker hoods, hobs, ovens, refrigerators, microwave ovens, and dishwashers. It also developed bathroom products such as bathtubs, faucets, and hydromassage systems. A significant strategic change took place in the late 1990s and 2000s, when PYRAMIS placed greater emphasis on building its own branded offer rather than primarily supplying own-label products. The brand was positioned more strongly in the premium segment. The first foreign subsidiary was established in Poland in 1999, followed by a broader network of commercial subsidiaries in Europe and the Middle East. The group describes its export network as serving more than 50 countries, with international sales representing a substantial share of turnover. In December 2022, PYRAMIS began producing electrical appliances at a new factory near Athens. This followed the acquisition of parts of the infrastructure and technology of Pitsos, the historic Greek appliance manufacturer whose Greek production had shut down in 2021. PYRAMIS also recruited former Pitsos personnel as part of the transition. The move extended the group's role from a specialist sink and metal-products manufacturer into a more integrated kitchen-appliance business. The company operates through its Greek parent, Pyramis Metallourgia A.E., and through subsidiaries, importers, distributors, wholesalers, and kitchen manufacturers in overseas markets. Its portfolio covers several stages of kitchen and bathroom specification, from sinks and faucets to cooking, extraction, refrigeration, dishwashing, and bathroom fittings. PYRAMIS therefore competes as a broad kitchen-solutions brand, with manufacturing heritage in stainless steel and an international sales structure centered on Europe and nearby markets.

PYRAMIS traces its origins to 1960, when Alexandros Bakatselos established a small Thessaloniki-area workshop specializing in metal-framed furniture. The formal company, Pyramis A.E., was founded in 1968 and began producing stainless-steel sinks for the Greek market. This product became the foundation of the business and established the company's expertise in metal fabrication for kitchens. The company expanded its physical and manufacturing capacity during the 1970s. It moved to the site it occupies near Thessaloniki and added a stainless-steel cookware unit in 1972. By the end of the decade, PYRAMIS had developed from a small metalworking enterprise into a substantial kitchen-products manufacturer. During the 1980s, it became a market leader in Greece for stainless-steel sinks and cookware and began pursuing international exports, with Europe as its primary initial target. Export growth became the main driver of the company's next phase. During the 1980s and 1990s, PYRAMIS increased international sales and expanded manufacturing to meet demand. A new monoblock-sink production line was installed in the 1990s. The company also diversified its product range beyond stainless steel, entering composite sinks, faucets, kitchen extraction, cooking appliances, refrigeration, dishwashing, and related bathroom products. The late 1990s and 2000s marked a shift toward brand development. Rather than concentrating mainly on own-label manufacturing, the company invested in PYRAMIS as a branded proposition and focused more heavily on premium goods. Its first subsidiary was established in Poland in 1999. Further commercial subsidiaries were created in Europe and the Middle East, while sales in other territories were handled through distributors, wholesalers, importers, and kitchen manufacturers. The group describes its distribution reach as extending to more than 50 countries. In December 2022, PYRAMIS entered or expanded its electrical-appliance manufacturing through a new factory near Athens. The project followed the acquisition of selected Pitsos assets, including infrastructure and technology, and the recruitment of former Pitsos employees. Pitsos had ended production in Greece in 2021. This transaction gave PYRAMIS access to additional appliance know-how and allowed it to broaden its role in the Greek and international kitchen market. The modern group is headquartered in Liti, Thessaloniki. Its Greek sales activity is incorporated into Pyramis Metallourgia A.E., while overseas business is conducted through subsidiaries or external commercial partners. The company's range now spans kitchen fixtures, sinks, cookware, built-in and freestanding appliances, and bathroom products. Its corporate operating language is English, reflecting its international sales orientation.

• 2022

  Electrical-appliance production starts

  [1]Pyramisen.wikipedia.org

  PYRAMIS begins appliance production at a new factory near Athens after acquiring selected Pitsos infrastructure and technology.

• 2021

  Pitsos ends Greek production

  [1]Pyramisen.wikipedia.org

  Pitsos shuts down its Greek production operations, preceding PYRAMIS's later acquisition of selected assets and technology.

• 1999

  First foreign subsidiary established

  [1]Pyramisen.wikipedia.org

  The company establishes its first subsidiary in Poland as part of its international commercial expansion.

• 1979

  Export strategy begins

  [1]Pyramisen.wikipedia.org

  PYRAMIS adopts a deliberate international-export strategy, initially focusing on European markets.

• 1972

  Cookware production added

  [1]Pyramisen.wikipedia.org

  A new production unit is introduced for stainless-steel cookware.

• 1968

  Pyramis A.E. is established

  [1]Pyramisen.wikipedia.org

  The formal company is founded and begins manufacturing stainless-steel sinks for the Greek domestic market.

• 1960

  Founding workshop opens

  [1]Pyramisen.wikipedia.org

  Alexandros Bakatselos opens a small workshop specializing in metal-framed furniture, establishing the business that later becomes PYRAMIS.

An internationally oriented Greek kitchen and bathroom solutions brand combining a long stainless-steel manufacturing heritage with premium-positioned sinks, cookware, faucets, and built-in appliances.

• Kitchen fixtures · 1968

  Stainless-steel sinks

  Stainless-steel sinks are PYRAMIS's historic core product. The company began manufacturing them in 1968 for the Greek domestic market and later expanded production for export. The range forms the foundation of the brand's metalworking identity and remains central to its kitchen portfolio.

• Kitchen fixtures

  Composite sinks

  Composite sinks extend PYRAMIS's sink offer beyond traditional stainless steel. They sit within the company's broader kitchen-fixtures business alongside metal sinks and faucets, supporting a wider range of kitchen designs and material preferences.

• Kitchenware · 1972

  Cookware

  PYRAMIS added stainless-steel cookware production in 1972. Cookware was an important part of the company's early domestic-market position and, together with sinks, helped establish its reputation for stainless-steel manufacturing.

• Kitchen fixtures

  Kitchen faucets

  Kitchen faucets complement the company's sink portfolio and form part of its integrated kitchen-fixtures offering. PYRAMIS sells faucets through its international commercial network and alongside other kitchen installation products.

• Kitchen appliances · 2022

  Built-in kitchen appliances

  The appliance portfolio includes cooker hoods, electric and gas hobs, vitro-ceramic hobs, ovens, microwave ovens, refrigerators, and dishwashers. Production and commercial development in this category expanded significantly after the 2022 Pitsos-related asset and technology acquisition.

• Bathroom equipment

  Bathroom products

  PYRAMIS's bathroom range includes bathtubs, bathroom faucets, and hydromassage systems. These products broaden the group beyond kitchens while retaining its focus on fixtures and household installation products.

• 2022

  Acquire selected Pitsos assets and technologyM&A

  Background

  Pitsos had ended Greek production in 2021, leaving relevant manufacturing infrastructure, technology, and experienced personnel available.

  Action taken

  PYRAMIS acquired parts of the infrastructure and technology, hired former Pitsos personnel, and began appliance production at a new facility near Athens in December.

  Aftermath

  The move expanded PYRAMIS's electrical-appliance manufacturing capabilities and strengthened its position as a broader kitchen-solutions supplier.

  Source

• 1999

  Build PYRAMIS as a branded premium propositionStrategy

  Background

  The company had historically participated in own-label manufacturing but sought greater control over its market identity and customer proposition.

  Action taken

  PYRAMIS increased emphasis on its own brand and concentrated more strongly on premium kitchen and household products.

  Aftermath

  The branded strategy was accompanied by foreign-subsidiary expansion and a broader international sales network.

  Source

• 1979

  Adopt an export-led growth strategyStrategy

  Background

  After establishing a strong position in Greek stainless-steel sinks and cookware, PYRAMIS sought additional growth outside its domestic market.

  Action taken

  The company prioritized international exports, initially focusing on Europe and later developing subsidiaries and distributor relationships in wider markets.

  Aftermath

  International sales became a major part of the business and supported subsequent manufacturing expansion and geographic diversification.

  Source

1. 1Pyramisen.wikipedia.org